THEORY IN EVOLUTION FROM THE ENTITLEMENT SOCIETY..

[EdwardSpacer]

On USMB,i posted a system that i created that is an honest answer vs. the current social security problem we have. Instead of SSA,i created a system called CITIZEN FUTURE INVESTMENT ACCOUNTS.
let me elaborate. This is what i propose.
Saving the first $25,000,000,000.00 in costs back to American citizens by eliminating the SSA altogether.start eroding the entitlement progressivism of the wilsonian and FDR days.
Freeze the general fund. Now,the current cases of recepiants will be reevaluated,any case of disability not designated will be eliminated from the system. Only non self inflicted cases will be grandfathered into the system.
next,we get the seized general fund.
1.create for grandfathered cases a FUTURE CITIZENS INVESTMENT ACCOUNT.
a.it is a private citizen managed MONEY MARKET ACCOUNT held by the US TREASURY.

[EdwardSpacer]

As no SSA will exist,and the general fund seized collected,no tax is collected anymore.
The general fund is redistributed into the FUTURE CITIZEN GOVERNMENT INVESTMENT ACCOUNTS.
A.citizen government investment accounts are based on the SSN#of the individual.each SSN# issued a money market account now privately managed by the citizen.
Now,redistribution will be take place by each recepient to receive 10 years worth of monthly benefits calculated and deposited into each account,and disbursed in the same monthly benefit amount as before in the entitlement system.

[EdwardSpacer]

This changes the system from imposed tax redistribution to citizens having choice and control of their own futures without government involvement in the future of the us citizen.
At age 18,under my proposal,the treasury notifies each us citizen (no longer are aliens or visaholders able to participate)will be notified of their CITIZEN FUTURE INVESTMENT ACCOUNT.
This is a new program of complete selectivity.
the citizen can choose to-do
A.opt out.
B.invest via through any frequency installment or amount they see fit.
C.these accounts would have an APY of 3%
D.with it being completely elective,can change any status,frequency or amount at anytime.
E.as new investors and grandfathered cases,THERE IS NO LONGER ANY LIMIT TO PRIVATE INCOME MADE,AS NO LONGER WOULD THE GOVERNMENT HAVE INVOLVEMENT WITH ANY CITIZEN INCOME.
F.after five years,any participant cannot withdraw from the account and at age 65,are fully vested,and can receive monthly draw payments.

[EdwardSpacer]

This gives power to control ones financial future back to the citizen. Choice vs.chosen for.

[EdwardSpacer]

This is a step in returning our nation to a responsible country and profitable for all citizens and destroy the progressism entitlement society that communism creates.

[EdwardSpacer]

The account# is the us citizens SSN#,and can receive any frequency statement they so choose.
The financial backbone of security gets taken away from the government and given back to the people. No more entitlements or imposed socialistic net as now people would have the power to control their financial future without government. Interference or limitation.

[EdwardSpacer]

Anyone interested i have PDF of this proposal. It inherently became popular with conservatives at USMB and out of all the voting i polled this vs.the current system it got 83.75%approval on the board.not bad if it was litmus test.

[Chris_]

Depending on the size, you should be able to attach it to your next post as an attachment.

[formerlurker]

On USMB,i posted a system that i created that is an honest answer vs. the current social security problem we have. Instead of SSA,i created a system called CITIZEN FUTURE INVESTMENT ACCOUNTS.
let me elaborate. This is what i propose.
Saving the first $25,000,000,000.00 in costs back to American citizens by eliminating the SSA altogether.start eroding the entitlement progressivism of the wilsonian and FDR days.
Freeze the general fund. Now,the current cases of recepiants will be reevaluated,any case of disability not designated will be eliminated from the system. Only non self inflicted cases will be grandfathered into the system.
next,we get the seized general fund.
1.create for grandfathered cases a FUTURE CITIZENS INVESTMENT ACCOUNT.
a.it is a private citizen managed MONEY MARKET ACCOUNT held by the US TREASURY.

Say what? 

[DumbAss Tanker]

It's extremely unlikely that anyone will read your posts, let alone take them seriously, when you can't seem to master the 'Shift' key, punctuation, or word spacing.  After all, if you don't even know enough to ever capitalize the first-person pronoun, what are the odds that you actually know or understand anything about economics or math?

[EdwardSpacer]

Apologies. I am working off a smartphone and I do type too quick.